Insurance Product Development Advisor
Verisk
full-time
Posted on:
Location Type: Hybrid
Location: Jersey City • New Jersey • United States
Visit company websiteExplore more
Salary
💰 $90,000 - $100,000 per year
About the role
- Draft policy language and develop manual rules that guide insurers in issuing and rating policies, and also develop related information, including filings and announcements to customers.
- Review laws, regulations and case law for impact on ISO products and insurer procedures.
- Develop policy language and rules for major program updates that provide valuable insurance enhancements to products used by the entire insurance industry.
- Review state laws and requirements and make revisions to ensure program updates are compliant and relevant in each state.
- Leverage insurance expertise and researching skills to provide timely, thoughtful responses to insurer inquiries over a wide range of insurance topics.
- Develop and present items to panels of insurers on emerging trends and potential revisions.
- Collaborate with all stakeholders including Product Development, Law Department, Government Relations, Actuarial, etc., inviting perspectives, contributions, and partnerships within the team, the unit, the company, and with our customers and business partners.
- Work in conjunction with the Product Development team to research and review new products, consider impact on other products, and collaborate with others in bringing products to market.
Requirements
- Bachelor's degree or equivalent insurance experience.
- At least two years P&C insurance experience with product development, claims, underwriting and/or submitting filings with insurance regulators. Experience involving analyzing and development of forms, rules, and/or rating preferred.
- Excellent verbal and written communication skills and attention to detail.
- Strong organization, research and analytic skills.
- Ability to both work independently and collaborate in a team environment.
- Knowledge of ISO general liability or specialty lines procedures is a plus.
- CPCU exam study or completion is a plus
Benefits
- Health Insurance
- Retirement Plan
- Disability benefits
- Paid Time Off program
- Competitive total rewards package
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
policy language developmentmanual rules developmentinsurance product enhancementregulatory complianceform analysisrating developmentinsurance filingsresearch skillsanalytical skills
Soft Skills
verbal communicationwritten communicationattention to detailorganizational skillsteam collaborationindependent work
Certifications
Bachelor's degreeCPCU